Religare's derivative call on BHEL, TCS, Tata Motors

MUMBAI: Religare Securities has advised clients to be cautious in Monday's derivative trade. Given below are the brokerage’s calls.

BHEL: Recommends selling BHEL futures for target of Rs 1,900. It advises to keep stop loss of Rs 2,072.

TCS: Recommends selling Tata Consultancy Services futures for target of Rs 1,009 with stop loss of Rs 1,065.

Tata Motors: Sell for target of Rs 748, keeping stop loss of Rs 783.

The brokerage has a positive bias on Everest Kanto Cylinders, Indian Hotels, SAIL, YES Bank and Nagarjuna Construction, while it has a negative bias on Essar Oil, HCL Technologies, Jet Airways, Unitech and VSNL.